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Prime minister lays foundation stone for Marsa Zayed project's first phase in Aqaba

Summary by Jordan Times
Mega project developed by MAG Group Holding, on behalf of Abu Dhabi Ports Group, ADC-Joint venture expected to attract investments, create job opportunities, enhance Aqaba’s tourism activities-Project is part of agreements signed earlier between Abu Dhabi Ports Group, ADC-Project entail building old Market with 50 retail shops, yacht club and marina, Aqaba cruise terminal

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Jordan TimesJordan Times

Prime minister lays foundation stone for Marsa Zayed project's first phase in Aqaba

Mega project developed by MAG Group Holding, on behalf of Abu Dhabi Ports Group, ADC-Joint venture expected to attract investments, create job opportunities, enhance Aqaba’s tourism activities-Project is part of agreements signed earlier between Abu Dhabi Ports Group, ADC-Project entail building old Market with 50 retail shops, yacht club and marina, Aqaba cruise terminal

·Amman, Jordan
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GCC Business NewsGCC Business News

AD Ports and MAG Group to develop Marsa Zayed Phase 1

Abu Dhabi Ports (AD Ports) Group has partnered with MAG Group Holding to develop the first phase of Marsa Zayed, a beachfront resort and residential community on the Red Sea in Aqaba, Jordan. Marsa Zayed is a transformational project to turn a 320-hectare (3.2 million m2) section of the Red Sea beachfront into a tourism and business hub and a southern gateway to Jordan’s key attractions, the UNESCO World Heritage Site Petra and the Wadi Rum Prot…

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Business News This WeekBusiness News This Week

MAG Group Holding Selected as Lead Developer for Marsa Zayed Beachfront Development in Aqaba, Jordan

Aqaba, Jordan – 31 January 2025: MAG Group Holding, an award-winning diversified international real estate group based in Dubai, UAE, has been selected as lead developer to realise the first phase of Marsa Zayed, a [...] The post MAG Group Holding Selected as Lead Developer for Marsa Zayed Beachfront Development in Aqaba, Jordan appeared first on Business News This Week.

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Business News This Week broke the news in on Friday, January 31, 2025.
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